The innovative start-up, Nowadays, is propelling the events sector by automating the organization of corporate events using artificial intelligence. Recently, with funding of 2 million dollars, its founders plan to accelerate the development of their AI-powered features. This investment is crucial for the company’s growth, which has already transformed event management by simplifying venue searches among more than 400,000 global options and optimizing negotiations with suppliers. By enriching their technical team, Nowadays promises to redefine how companies plan events while offering effective financial solutions.
Nowadays, a start-up specializing in the automation of corporate event planning, recently raised 2 million dollars to develop its artificial intelligence-based features. Founded in 2023 by sisters Anna Sun and Amy Yan, the company enables the booking of events worth over 4 million dollars. This funding, backed by Y Combinator, will notably allow for the hiring of engineers to accelerate technological development.
The Nowadays platform also offers financial tools to companies, allowing them to make informed decisions by considering costs such as transportation. The company’s founders, inspired by their university experiences, are currently working on free tools to support business managers and planners.
the founders of nowadays unveil the impact of their fundraising
Since its creation in 2023, Nowadays has redefined the organization of professional events through its AI-based automation platform. With a recent fundraising of 2 million dollars, led by influential investors like Y Combinator, the company is ready to enter a new phase of growth and innovation. The integration of talented engineers is at the heart of this strategy, with the ambitious goal of boosting the development of AI-powered features.
technological advances serving businesses
Nowadays does not only simplify the venue booking process for events, but it also integrates a financial dimension with remarkable execution speed. For example, a company operating in several countries can obtain an accurate estimate of air transport costs in just a few seconds, a crucial advancement for strategic decisions. These technological capabilities allow for a quick response to rising demand, as evidenced by the fact that the start-up has already overseen event bookings totaling over 4 million dollars.
the inspiring journey of the co-founders
Anna Sun and Amy Yan, co-founders of Nowadays, drew their inspiration from their university experiences. Both held positions as class presidents, mastering the art of organization and management of large-scale events. This entrepreneurial adventure has been successful, as reflected in the recognition received from the « Best Site-Sourcing Solution » award at the 2024 Skift Meetings Awards. Through these experiences, they have built an innovative business model offering solutions for both small businesses and large groups.
